Albert wolf's (pbreal66) Blog

Investors can buy HUD Homes, but there are some restrictions on investor bidding. Here are some things investors should know about HUD Homes.   HUD gives owner occupant buyers priority in the bidding process. When a property is listed for sale as a new listing, only owner occupant bids are accept...

Buyers must have their financing ducks in a row before placing an offer on a HUD Home. Selecting a good lender is an integral part of the loan process. A lender will take a careful look at your financial circumstances and tell him how much mortgage you are qualified to receive. This is important ...

HUD Homes comprise one of the largest inventories of foreclosed properties in the United States. They are owned by the United States Dept. of Housing and Urban Development (HUD) . A HUD Home is a property that has been lost by a previous owner in foreclosure to a bank or other lender, or a proper...